Two valuation questions in one survey: is it a recipe for sequencing and instrument context effects?

Citation
Kl. Giraud et al., Two valuation questions in one survey: is it a recipe for sequencing and instrument context effects?, APPL ECON, 31(8), 1999, pp. 957-964
Citations number
13
Categorie Soggetti
Economics
Journal title
APPLIED ECONOMICS
ISSN journal
00036846 → ACNP
Volume
31
Issue
8
Year of publication
1999
Pages
957 - 964
Database
ISI
SICI code
0003-6846(199908)31:8<957:TVQIOS>2.0.ZU;2-9
Abstract
Economic theory suggests that willingness to pay for two goods independentl y offered should remain unchanged when the survey instrument changes slight ly. Four survey treatments consisting of comprehensive good and a subset of that good were used. The surveys alternated in the question ordering and i n the embedded good which accompanied the comprehensive good. We tested for sequencing and instrument context effects using both a combined and split sample designs. In the combined sample case we found some evidence to seque ncing effects in the data containing the first subset good. Likelihood rati o tests indicated that sequencing did not effect scale or location of param eters. In the test for instrument context effects, evidence was found indic ating context does effect willingness to pay estimates.